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Aside from offering (or not) a competitive advantage in the workplace does the program still offer a packaged learning resource for Trading? If so that may be valuable despite not being able to trot around proudly with your new TLA.

This is more along the lines of what I am looking for I suppose. The feed was the part that was slowing me down as I am not interested in spending $100/month for eSignal at least until I develop a more profitable system. Do you execute your trades on their proprietary platform than I...

You can use multiple monitors. I don't know if I would recommend an HD TV for a monitor though. Even when I hook up my MBP to my 61" DLP it never looks right. 22-24" monitors are getting quite affordable, snake one of those up.

I wish to trade real money!

I am interested in finding a new firm for trading Futures and would prefer to have one that offers Ninjatrader and a feed with no cost. I sifted through the brokers reviews but it seems that some of the information is outdated and it's difficult to weed out the fly by night companies and the...

Running through virtualization suites such as Parallels and VMWare does cause there to be slightly reduced performance compared to running it natively. It does require more RAM and isn't perfect but I run my trading platform through it and rarely have any problems to speak of. Truly the Mac is...

What is the name of the software that you do your charting on if I may ask? I dislike using Java platforms and would like to prevent running in parallels/fusion if possible.

Looks like you are on a Mac. May I ask what software that is?

Is there another instrument you would recommend that would be good for a novice trader to get his feet wet and cut a few teeth on?

Hrmm, that is very interesting. That may help explain a bit of my difficulty. I have been using a 2 - 3 point stop. I am currently undercapitalized so that was representing about 1% of my TLNW. I may have to reevaluate what I am doing, take fewer trades with larger stops.

Would you be willing to comment on what you think the minimum stop is acceptable on the ES? It's obvious that anything less than 1 point will easily get whipsawed but still want to maintain tight stops. If I use 2 or 3 * ATR it seems like the stop becomes too wide. Not looking for a hard and...

I have many of the same issues as you except I can't even get as many working trades as you. I'm going back to paper trading and am going to take this thread into great consideration as I do so. I started last week and am down about 22 points on about 30 trades.

On second though, I'm going to paper trade for a while. I'm going to figure this out one way or another!

Chart

More trouble on the eastern front today. I'm down 22 points on the ES from my first trade. I seem to be doing worse too. I hope this is just the learning pangs and I am doing what I can to stay confident. I started the morning off by what it looks like trying to call tops and bottoms. Took a...

I missed a short at 1431. Was going to pull the trigger but tried to overthink it. Saw the pullback on the downtrend and should have gone for it.

Damn, I should've figured that one out on my own. I'm ashamed.

Newbie question: What's LOD?

+1.25. Long at 1432.75 out at 1434.

I'll give that a try, it's becoming increasingly obvious that I don't have a clue how to chart. What period RSI would you recommend? The typical 14?